A payment arrangement where an employer deposits an employee’s wages directly into their banking account in lieu of a check or other payment arrangement.
DCR | Daily Cash Report
A daily report that shows cash flow activity (payments vs. receipts and borrowing base information to create a net availability of cash.)
DART | Days Away Restricted or Transferred
An OSHA measurement that calculates the number of days an employee is absent because of work-related illness or injury, the number of days an employee is placed under work restrictions (no lifting over 10 lbs.) and the number of days an employee is transferred to another job because they could not fulfill their normal job duties.
Concur | Concur Solutions
A software which allows certain employees to enter receipts for travel expense reimbursement.
CMV | Commercial Motor Vehicle
Commercial vehicle standard set by the state which can vary over multiple states
CLC | Corporate Lodging Corp
A corporate lodging provider used primarily in the field for employees traveling.
Certified Payroll | Certified Payroll Report
A report ultimately delivered to either the Federal or state DOT, which sets forth employees, their wages, benefits, type of work performed and hours worked. It ensures that employers are paying Davis Bacon rates or complying with other wage orders that apply to the project.
Cert or COI | Certificate of Insurance
A document produced by an insurance broker which shows a company’s insurance plans.
CBA | Collective Bargaining Agreement
An agreement between an employer or employer collective and a union.
CapEx | Capital Expenditures
A financial term for the equipment that is depreciated over time vs. expensing the equipment all at once.
